Shahrvand Chain Stores Inc.

Shahrvand department stores is an Iranian chain based in Tehran. The establishment currently has 35 branches in Tehran.^[1] Shahrvand, along with Refah supermarket and Carrefour-owned Hyperstar Market, create the bulk of the Iranian retail industry.^[2]

Shahrvand Chain Stores Inc.

Company type	Public company, private[clarification needed]
Industry	Retail
Founded	1994; 31 years ago (1994)
Headquarters	Tehran , Iran
Area served	Iran
Key people	Masoud Sariolghalam, CEO
Products	Cash and carry/warehouse club, convenience/forecourt store, discount store, hypermarket/supercenter/superstore, supermarket
Services	Discount Grocery Convenience stores Cash and carry Hypermarkets
Revenue	2.1 trillion IRR (2009)
Website	www.shahrvand.ir

In 2008, the company teamed with Russian supermarket NEVA-RUS to incorporate the two companies' management techniques.^[3]

As of 2010, the department store chain was owned by the city government of Tehran.^[4]